Thursday, March 04, 2010 4:38:31 PM
i apologize for the misunderstanding- i didnt at all mean to imply that being referred to by the niagra business journal as honest john was an implication that he is dishonest or that there was a conspiracy (did my comments really reflect that line of thinking ? its completely illogical)
but what i was wondering, and what wasnt answered, was why having a fairly glib nickname in a tiny article in a tiny local rag warrants any mention in an investment decision ?
another question that ive yet to find an answer for-
there is a ton of talk on this board about the rampant presence, and interest, of short-sellers, who allegedly want to "bash" this stock in the interest of driving the shares lower and making a profit
furthermore, its been implied numerous times by people on this board, that the "bashers" or"shorts" are the reason the stock is trading around 4/450, instead of the 6/7 prior to that slew of interesting press releases and cc of a few wks ago (or even at a number higher than that i suppose) ...
well i just dont get it
the true free float seems inarguably tiny (regardless of this ongoing quarrel as to what the true fully fully diluted sharecount is- locked or unlocked) ... also, the stock is a bulletin board issue, and many, or most reputable brokers dont even permit the shorting of the stock ... lastly, id venture that there isnt even a meaningful amount of stock to borrow -- i guess when i consider these factors, and the fact that the stock is here not really due to selling pressure but a dearth of buying interest- i guess it would just appear to me that there isnt a meaningful short position in the stock- and indeed it is almost factually impossible to claim otherwise ...
is that not true ?
thank you for your help rawnoc
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